Back to the drawing board
If Buffet walked the price was probably too high so no loss
Sentiment: Strong Buy
Since NCT doesn't have to shell out for ResCap assets, there probably won't be another secondary for a while.
Buffett never wanted the MSR business. His target was, and is, the actual mortgages.
ok,okok ...the drawing board is very big and perhaps more lucrative in the end ...
Where is yogy and the fat lady?
I agree, this one package is just the start. BofA, Chase, and Goldman have very large portfolios that are coming to market.